Economic activity in New Jersey ticked up only slightly in 2014, new federal data released on Wednesday morning shows, and the state’s growth ranked near the bottom nationwide. The gross domestic product in nearly every state increased in 2014, with New Jersey posting an uptick of 0.4 percent, according to the Bureau of Economic Analysis. That’s… Read the rest of this entry »

MANCHESTER — Gov. Chris Christie will deliver his second policy speech here in the lead up to a likely 2016 presidential campaign. The governor is scheduled to layout his plan for economic growth in the country during a speech at the University of New Hampshire at Manchester. The speech will come after Christie penned an op-ed… Read the rest of this entry »

TRENTON — Senate President Stephen Sweeney has a message for Gov. Chris Christie: Log off Twitter, come home and work to fix the state’s economy. “He actually needs to be back here meeting with the legislative leadership. He needs to be back here with a plan on what we’re going to do to fix this place,”… Read the rest of this entry »

TRENTON — Moody’s Investors Service has downgraded New Jersey’s debt rating, dealing the Garden State its record ninth ratings cut since Gov. Chris Christie took office. The ratings drop by one notch, from A1 to A2, on $32.2 billion worth of bonds underscores the state’s “weak financial position and large structural imbalance, primarily related to continued… Read the rest of this entry »

New Jersey shed 6,400 jobs in March, according to new federal data, with the biggest losses posted in trade, transportation and utilities and professional and business services. The state’s unemployment rate ticked up last month as well, increasing to 6.5 percent, the preliminary data released by the state labor department on Thursday shows. That’s up from… Read the rest of this entry »

Alain Chahine lost his job two years ago. Since then, he said, he has completed more than 600 applications and sent 200 messages to his network looking for leads. Those efforts produced 18 interviews in 2013, 35 more in 2014 and 12 so far this year, Chahine said. But the number of full-time job offers to… Read the rest of this entry »

Beachgoers hoping to spend a week at Gary Hunsinger’s home on Philadelphia Avenue in Lavallette this summer are out of luck: the Jersey Shore property advertised online as just 100 yards from the beach has been booked solid from the first Saturday in June through the end of August. Hunsinger, of Westfield, said he had 10… Read the rest of this entry »

WASHINGTON — Gov. Chris Christie drew a fresh line against raising new taxes in a speech tonight to New Jersey’s business community. “As long as I’m here, we’re not going to make the state less affordable,” Christie said in delivering the keynote address at the 78th annual New Jersey Chamber of Commerce congressional dinner, part of… Read the rest of this entry »

MONTVALE, N.J. — In the latest in a string of corporate departures from northern New Jersey, Mercedes-Benz USA Tuesday confirmed rumors that after 43 years here, it is moving its headquarters to Atlanta to achieve the “profitable growth and efficiencies we require for the decades ahead.” Mercedes-Benz USA CEO Stephen Cannon said in a statement that… Read the rest of this entry »